Japan Inflation Rises to 1.8% as Energy Prices Surge
Updated
Updated · CNBC · Apr 23
Japan Inflation Rises to 1.8% as Energy Prices Surge
21 articles · Updated · CNBC · Apr 23
Japan's core inflation rose to 1.8% in March, accelerating for the first time in five months amid higher energy prices driven by the Iran conflict.
Government energy subsidies helped keep headline inflation at 1.5%, remaining below the Bank of Japan's 2% target for the second consecutive month.
The BOJ is expected to hold rates steady, as policymakers monitor rising inflation expectations and concerns about yen depreciation and economic growth.
With inflation still below its 2% target, why is the Bank of Japan signaling aggressive rate hikes?
The weak yen fuels inflation and a tourism boom. Is this a blessing or a curse for Japan's economy?
The Iran war is crippling Japan's energy supply. Can the nation secure its economy without Middle Eastern oil?
Japan is tapping its oil reserves to fight high prices. What happens when the reserves run low?
As living costs soar, will Prime Minister Takaichi's economic relief measures be enough to help struggling Japanese families?